When it comes to managing money, you often hear the word “interest”. However, there are two types of interest: simple interest and compound interest. The difference between them plays a crucial role in the growth curve of your money. Let’s explore in detail the difference between simple and compound interest, and why compound interest has a magical effect on long-term investments.
A paid membership is required to view content beyond here. Login From Here.The Magic of Compound Interest: Understanding the Power of Long-Term Investing
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